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Overnight Hope-a-Dope

838
akak1/25/2009 8:13:03 am PST

re: #834 gregg

So if the money supply has gone up 70% since last October, is that dollar bill in my wallet only worth 59 cents at this point (1 / 1.7) , or is that the wrong way to think of it?

Every other nation pumped money in too, so it is relative to the global infusion.